VANCOUVER, BC, Jan. 26,
2022 /CNW/ - Numinus Wellness Inc. ("Numinus" or
the "Company") (TSX: NUMI) (OTCQX: NUMIF), a mental health care
company advancing innovative treatments and safe, evidence-based
psychedelic-assisted therapies, is pleased to announce that it will
commence trading on the OTCQX® Best Market in
the United States when the market
opens tomorrow, Thursday, January 27,
2022. Numinus' shares previously traded on the Pink market
and will continue to trade under the symbol
"NUMIF."
The OTCQX Market is designed for established, investor-focused
U.S. and international companies. To qualify for OTCQX, companies
must meet high financial standards, follow best practice corporate
governance, and demonstrate compliance with applicable securities
laws. Trading on the OTCQX will provide greater visibility and
accessibility of Numinus in the U.S.
"Graduating to the OTCQX is a first step towards further
accessing U.S. based investors," stated Payton Nyquvest, Founder and CEO. "As we grow
our network of Numinus Health wellness clinics to include locations
in the U.S. – and build a stronger brand presence in this important
market – we will also look to establish an even greater profile
with the U.S. investment community."
U.S. investors or other interested parties can find current
financial disclosure and Real-Time Level 2 quotes for the company
on www.otcmarkets.com.
About Numinus
Numinus Wellness (TSX: NUMI; OTCQX:
NUMIF) helps people to heal and be well through the development and
delivery of innovative mental health care and access to safe,
evidence-based psychedelic-assisted therapies. The Numinus model -
including psychedelic production, research and clinic care - is at
the forefront of a transformation aimed at healing rather than
managing symptoms for depression, anxiety, trauma, pain and
substance use. At Numinus, we are leading the integration of
psychedelic-assisted therapies into mainstream clinical practice
and building the foundation for a healthier society.
Learn more at www.numinus.com and follow us on LinkedIn,
Facebook, Twitter, and Instagram.
Forward-looking statements
This press release
contains forward-looking statements within the meaning of
applicable securities laws. All statements that are not historical
facts, including without limitation, statements regarding future
estimates, plans, programs, forecasts, projections, objectives,
assumptions, expectations or beliefs regarding future performance
are "forward-looking statements". Forward-looking statements can be
identified by the use of words such as "expects", "does not
expect", "is expected", "believes", "intends", "anticipates", "does
not anticipate", "believes" or variations of these words,
expressions or statements, that certain actions, events or results
"may", "could", "would", "might" or "will be" taken, will occur or
will be realized. Such forward-looking statements involve risks,
uncertainties and other known and unknown factors that could cause
actual results, events or developments to differ materially from
the results, events or developments expected and expressed or
implied in such forward-looking statements. These risks and
uncertainties include, but are not limited to, dependence on
obtaining and maintaining regulatory approvals, including the
acquisition and renewal of federal, provincial, municipal, local or
other licenses, and any inability to obtain all necessary
government authorizations, licenses and permits to operate and
expand the Company's facilities; regulatory or policy changes such
as changes in applicable laws and regulations, including federal
and provincial legalization, due to fluctuations in public opinion,
industry perception of integrative mental health, including the use
of psychedelic-assisted therapy, delays or inefficiencies or any
other reason; any other factor or development likely to hamper the
growth of the market; the Company's limited operating and
profitability track record; dependence on management; the Company's
need for additional financing and the effects of financial market
conditions and other factors on the availability of capital;
competition, including that of more established and better funded
competitors; the continued impact of the COVID-19 pandemic; and the
need to build and maintain alliances and partnerships, including
with research and development companies, customers and suppliers.
These factors should be carefully considered, and readers are
cautioned not to place undue reliance on forward-looking
statements. Despite the Company's efforts to identify the main risk
factors that could cause actual measures, events or results to
differ materially from those described in forward-looking
statements, other risk factors may cause measures, events or
developments to materially differ from those anticipated, estimated
or intended. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in
forward-looking statements. The Company does not undertake to
revise forward-looking statements, even if new information becomes
available as a result of future events, new facts or any other
reason, except as required by applicable laws.
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SOURCE Numinus Wellness Inc.
